Tumbling prices of solar modules

It was not so long ago that the holy grail of solar pricing was to achieve the price of $1.00 per module. With supply of solar modules far exceeding demand, prices have dropped precipitously, and module costs are now well below $1. According to Greentech Media’s (GTM) recent “PV Technology and Cost Outlook, 2013-2017”, c-Si module prices have fallen approximately 70% in two years.

Dropping prices of solar modules translates to lower installation costs. According to the Solar Energy Industries Association/GTM “U.S. Solar Market Insight: Q3/2013” the price of a complete PV installation has dropped 16% over the past year.

And perhaps one of the most optimistic forecasts for the solar industry is the Lux Research report that estimates that utility-scale solar will be cost competitive with natural gas by 2025. At that point, solar will have established itself as a mainstream source of energy.

In 2016 we have almost completed the collection that started with Nanostructured Energy Devices vol. 1. The next two volumes will be published in the CRC Press (Taylor&Francis) along 2017. The full collection will have the following Titles: Juan Bisquert. Nanostructured Energy Devices − Equilibrium Concepts and Kinetics (2014) Juan Bisquert. Nanostructur […]